If Congress Controlled Central Bank Decisions, It Would Have

Multiple Choice

If Congress controlled central bank decisions, it would have

A) a short-run incentive to lower the target rate of inflation.
B) no political incentive to adjust the target rate of inflation in the short run.
C) a long-run incentive to lower the target rate of inflation.
D) a long-run incentive to raise the target rate of inflation.
E) a short-run incentive to raise the target rate of inflation.